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able only to deal with the tax issue. but for the most part, that's history at this point, and the fact that a they were able to do that is at least a step forward. it added, as you know from the summary of the state of play that the president gave yesterday in his lengthy press conference, it added $600 million to the billion four of spending cuts that had previously been enacted and put into effect in the last two years, and the interest savings on top of that come to a total overall of 2.5 trillion other the ten-year period that we all have gotten familiar with as the measurement period for deficit reform. and two and a half is not all the way to the target of four that almost every independent group has adopted as a reasonable way to stabilize the debt in relation to the growth in the economy. you could make an argument that a little more or a good deal more would be helpful too. but four trillion over ten years is not a bad target, and two and a half is a fair bit there, and so we move to the next chapter which promises to be messier, uglier, nastier than the first one. but i think
that we find ourselves in a place of sort of catastrophic outcomes, taxes and the livestock impact this year. so what does it take? it takes focusing event but it takes having had an event and the use of the window of that event to plan and engage the public and leadership at the same time. but as don and margaret and treachery are also saying, it's also supporting our collaboration and -- between research and management that puts information into practice on an ongoing basis. the last thing that you require in the case of it is to put out a research project and some comes back three years later with the paper and said you had a drought. which is usually how it operates. so we can't borrow one watch to tell them the time but it has to be much more active in terms of a collaborative framework between research and management. that being said, we also know the things that we should be doing. luc pointed out too many of them, and the very same things we as people do during a drought is what we asked them to do before a drought, on water efficiency, conservatism, it's one. why is that c
with tax cuts? >> as i just said, we are doing more to help elderly and the vulnerable. a record state increase, bigger than what the party opposite would have done keeping cold weather payments at the higher level that the last government only introduced before the election. keeping our promise on winter fuel payments, taking all of those steps and making sure, again, something never done by the party opposite that energy companies will have to put people on the lowest tariffs. that is a record we can be proud of. >> steve basic. >> mr. speaker -- [inaudible] my constituency is enb during a hideous regulatory fast thanks to the health and safety executive and the european union. the british economy is very reliant on small and medium businesses far less able to cope with bad regulation particularly when it's badly administer inside the u.k. >> my honorable friend is absolutely right. businesses large and small are complaining about the burden of regulation. not just the burden of regular ration from europe -- regulation from europe, but more generally. and that is why we should be fig
don't drag this out as some people are saying, then move on to a serious discussion of tax reform. and entitlement issues. icy it the opposite way. let's get this done, the sequestration part and debt ceiling in the next six weeks and then move on.
. these are american tax dollars it would be better to spend on americans in need. . .
Search Results 0 to 4 of about 5